For This Set of Data (∑X)² Is Equal to ______

question 13

Multiple Choice

For this set of data (∑X) ² is equal to ______. 2, 5, 6, 7, 9, 10, 10, 12

• A) 8
• B) 61
• C) 539
• D) 3721

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Definitions:

Spending Variance

The difference between the actual amount spent and the budgeted amount in a specific period.

Selling

The process of persuading potential buyers to purchase a product or service, often involving marketing, negotiation, and sales strategies.

Administrative Expense

Costs related to the general operation of a business that are not directly linked to the production or selling of goods or services.

Planning Budget

A budget created before a period begins, outlining expected revenues, expenses, and other financial transactions, serving as a blueprint for financial performance.